Arsenal Digital Holdings, Inc. (OTC:ADHI) Arsenal Digital Holdings Inc. Embarks on Significant Expansion Following Blackrock Midstream's Strong Revenue Performance

Rhea-AI Summary

Arsenal Digital Holdings, Inc. (ADHI) celebrates Blackrock Midstream's revenue milestone of $54 million and a 10% revenue increase. The company plans to build a processing plant in South Texas to drive growth and profitability. The strategic advantages of the plant include enhanced service capabilities, cost reduction, and increased earnings. ADHI secures funding for the project and emphasizes environmental sustainability.

Positive

• Blackrock Midstream achieves a revenue milestone of over $54 million since acquisition.
• 10% revenue increase reported since the end of the last fiscal year.
• Arsenal Digital Holdings plans to construct a processing plant in South Texas to expand business operations.
• The new plant aims to enhance service capabilities, reduce logistical expenses, and increase annual earnings.
• ADHI secures funding for the project through a capital raise of approximately $4 million.
• The company emphasizes environmental sustainability and profitability in its strategic initiatives.

Negative

• None.

HOUSTON, TX / ACCESSWIRE / March 26, 2024 / Arsenal Digital Holdings, Inc. (OTC PINK:ADHI) is delighted to announce that Blackrock Midstream, a valuable addition to its portfolio, has achieved a remarkable revenue milestone of over $54 million since its acquisition. Furthermore, we are proud to report an increase in revenues of over 10% since the end of the last fiscal year. This significant achievement reflects the company's commitment to driving growth and delivering value to its stakeholders.

Capitalizing on this momentum, Arsenal is now advancing a strategic initiative to expand the business by constructing a processing plant in South Texas. This expansion is part of a broader plan to vertically integrate additional services and foster increased profitability for the company.

Strategic Advantages of the New Processing Plant:

Enhances Arsenal's service capabilities while driving down logistical expenses.

Enables the reclamation and repurposing of waste products, aligning with environmental sustainability goals.

Positions the company to benefit from the expected increase in exploration activities in the Eagle Ford and Permian basins.

It is estimated to increase Arsenal's annual earnings to well over $1 million per plant, significantly bolstering the company's financial performance.

To support the development and financial structuring of the South Texas plant, Arsenal Digital Holdings Inc. has secured the expertise of a leading consulting firm, specializing in capital raises and financial strategy. Additionally, the company has appointed a securities attorney tasked with preparing documentation for registration with the U.S. Securities and Exchange Commission (SEC). The proposed capital raise of approximately $4 million, comprising project equity and warrants in ADHI, is a testament to Arsenal's growth strategy and confidence in its future profitability.

Reflecting on the impact of the net zero processing plant, Ryan Messer, CEO of Arsenal Digital Holdings Inc., shared, "The establishment of our net zero processing plant is a significant step towards redefining industry standards for sustainability and profitability. This facility is not just an investment in Arsenal's future but a testament to our commitment to our stakeholders and the planet. By minimizing environmental impact and maximizing resource utilization, we're setting a new benchmark for the industry, demonstrating that financial performance and environmental stewardship can go hand in hand."

This fundraising endeavor is instrumental in realizing the potential of the South Texas plant and underscores Arsenal's proactive approach to capturing market opportunities.

For more information and updates on Arsenal Digital Holdings, Inc. (OTC:ADHI) and its transformative projects, please visit our website at www.arsenalholdings.io.

Contact Information:

Arsenal Digital Holdings Inc.
Ryan Messer
Phone: 512-839-8169
Email: ir@arsenholdings.io
Website: arsenalholdings.io
X: @Arsenal_ADHI

Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. Arsenal Digital Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE: Arsenal Digital Holdings, Inc.

View the original press release on accesswire.com

FAQ

What revenue milestone did Blackrock Midstream achieve?

Blackrock Midstream achieved a revenue milestone of over $54 million.

What is the percentage increase in revenues reported by Arsenal Digital Holdings?

Arsenal Digital Holdings reported a revenue increase of over 10% since the end of the last fiscal year.

What is the purpose of constructing a processing plant in South Texas?

The purpose of constructing a processing plant in South Texas is to expand business operations and increase profitability.

How does the new processing plant benefit Arsenal Digital Holdings?

The new processing plant enhances service capabilities, drives down logistical expenses, and is estimated to increase annual earnings significantly.

How much funding did Arsenal Digital Holdings secure for the South Texas plant project?

Arsenal Digital Holdings secured approximately $4 million for the South Texas plant project.

What environmental aspect is emphasized by Arsenal Digital Holdings in the press release?

Arsenal Digital Holdings emphasizes environmental sustainability in its strategic initiatives.